Commercial Building with Drive-Up
2706 N Saginaw Road Midland, MI 48640
2706 N Saginaw Road, Midland, MI, 48640
$895,000
For Sale
$895,000
Updated 6,000-square-foot building with a canopy-sheltered drive-up window and back parking near a major employer.
Property Size6,000 SF
Price / SF$149.17
Days on Market28
Property Features for 2706 N Saginaw Road
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agency
Century 21 Signature Realty Midland
(989) 600-7424
Listed by
Paul White · License #6?5?0?1?4?6?4?7?7?4
(989) 600-7424
Source
Mid-land
Added: Jun 25 Updated: Jul 22 at 7:16AM Checked: Jul 22 at 7:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Signature Realty Midland
Investment Insights
Based on property information with market context.
This updated commercial building offers approximately 6,000 square feet of space designed to accommodate medical, retail, and professional office uses. A key feature is a convenient drive-up window sheltered by a canopy, supported by accessible customer flow. Additional parking is available at the back of the property.
Located at 2706 N Saginaw Road in Midland, the property is near the hospital and directly across from Midland County’s largest employer. The site also benefits from strong visibility along N. Saginaw Road, with over 22,000 vehicles per day noted in the listing remarks.
The building’s configuration and improvements make it well-suited for a single tenant seeking an adaptable footprint in a high-traffic, employment-centered area.
Located at 2706 N Saginaw Road in Midland, the property is near the hospital and directly across from Midland County’s largest employer. The site also benefits from strong visibility along N. Saginaw Road, with over 22,000 vehicles per day noted in the listing remarks.
The building’s configuration and improvements make it well-suited for a single tenant seeking an adaptable footprint in a high-traffic, employment-centered area.
Key Highlights
- Updated 6,000 SF commercial building suitable for medical, retail, and professional office use
- Canopy‑sheltered drive‑up window for convenient customer access
- Generous back parking available for customers
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $18.00 |
| − Vacancy | −$7.8k | −$1.30 |
| EGI | $100.2k | $16.70 |
| − OpEx | −$40.1k | −$6.68 |
| NOI | $60.1k | $10.02 |
6,000 SF · lease $18.00/SF/yr · vacancy 7.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$859.1K
$751.7K – $1.00M
NOI $60,134 @ 7.0% cap · market cap 6.72%
Second Best
Office B
$805.4K
$704.7K – $939.6K
NOI $56,376 @ 7.0% cap · market cap 6.30%
Theoretical Best
Flex RnD
$1.08M
$947.6K – $1.26M
NOI $75,807 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- VetMED Veterinary Clinic — 4985 Eastman Ave, Midland, MI 48640
- Eastman Animal Hospital — 5910 Eastman Ave, Midland, MI 48640
- Eastman Animal Clinic: Hansen Ruth DVM — 5910 Eastman Ave, Midland, MI 48640
- Blasko Kim DVM — 4985 Eastman Ave, Midland, MI 48640
- Butler Bernard D DVM — 5910 Eastman Ave, Midland, MI 48640, United States
FAQs
What type of property is this?
Medical Office Space - Updated 6,000-square-foot building with a canopy-sheltered drive-up window and back parking near a major employer.
Where is this medical office space located?
The property is located at 2706 N Saginaw Road Midland, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Updated 6,000 SF commercial building suitable for medical, retail, and professional office use; Canopy‑sheltered drive‑up window for convenient customer access; Generous back parking available for customers
